MARKET NOTES / 001INDIA / DELHI / TRAVEL AND HOSPITALITY TECH
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Travel and Hospitality Tech.
Delhi.

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Companies are based in Delhi · investors can be based anywhere
Dataset through 22 May 2026 · calculated 14 Sep 2026
01 / THE SHORTLIST LAB

Make the list work for your company.

7 backers based in Delhi are shown by default. Compare up to three.

7 of 68 selected backers · Delhi only

Shows investors whose recorded city is Delhi. Unknown cities are excluded. Market charts cover all investor locations.

Theme filtering selects backers of companies carrying that theme tag. Entry-stage filtering selects backers with an entry at that stage; the two matches may be different companies. Row metrics describe their entire dated Travel and Hospitality Tech history in Delhi.

Selected investors ranked by distinct companies backed, with first-entry financing and recent activity.
CompareInvestor / recorded locationCompanies
here
New in
24 months
Median total
entry round
Companies
backed again
Latest
investment
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THE INVESTOR, IN CONTEXT
LINKEDIN ACCESS

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02 / THE MARKET READ

Activity is a better starting point
than a long list of names.

Latest 24 months: after 22 May 2024 through 22 May 2026.

RECENT PARTICIPATION
58

Backers in a recent round

42 added at least one new company in this market. The remainder participated only in companies they had already backed here.

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MARKET PACE
21

Distinct equity rounds

Across 15 companies, versus 23 rounds in the preceding 24 months. Each company round is counted once.

See the recent evidence ↗
EARLY FINANCING
57.1%

Rounds at Angel, Pre-Seed or Seed

12 of 21 recent rounds. Compare your stage with its own financing range before sizing the ask.

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NEW RELATIONSHIPS
63%

Participations were first entries

43 first investor–company relationships out of 68 participations. The other 25 were later rounds together.

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Build a syndicate beyond the city.

Of 58 recently active backers, 5 have a recorded Delhi location and 41 are based elsewhere. Location is missing for 12. Search by market experience first, then investigate the people and their remit.

Match the whole round to your plan.

Recent Seed rounds have a median size of $1.1M, across 8 disclosed amounts. That is total company financing. An individual investor’s cheque or available capital is not disclosed here.

03 / EMERGING THEMES

Which themes are gaining share?

Follow financing activity across the company classifications represented in this market.

Latest four complete quarters: 01 Apr 2025–31 Mar 2026 · 10 market rounds, versus 15 in the preceding four quarters.

GAINING SHARE

Online Travel

+23.3 pp

5 of 10 recent rounds (50.0%), versus 4 of 15 (26.7%).

LOSING SHARE

Dpiit Registered

-6.7 pp

6 of 10 recent rounds (60.0%), versus 10 of 15 (66.7%).

EARLY SIGNAL

Road Transport Tech

-26.7 pp

4 of 10 recent rounds (40.0%), versus 10 of 15 (66.7%).

Small sample: 4 rounds across 4 companies. Treat this as a theme to monitor.

EARLY SIGNAL

B2C E-Commerce

+0.0 pp

2 of 10 recent rounds (20.0%), versus 3 of 15 (20.0%).

Small sample: 2 rounds across 2 companies. Treat this as a theme to monitor.

SPIKE DETECTION

Look beyond the headline total.

Share of market roundsPrior four-quarter shareDetected spike

Scroll sideways to explore all quarters.

Online Travel: quarterly share of recorded equity roundsSolid line: share of market rounds. Dashed line: share over the previous four complete quarters. Rings mark rule-based spikes. Shading marks a partial quarter, excluded from detection. 0%25%50%75%100% Partial 2020Q1 2020: 1 / 5 rounds, 20%Q3 2020: 2 / 3 rounds, 66.67%Q4 2020: 0 / 1 rounds, 0%2021Q1 2021: 4 / 4 rounds, 100%Q2 2021: 1 / 3 rounds, 33.33%Q3 2021: 2 / 2 rounds, 100%Q4 2021: 3 / 3 rounds, 100%2022Q1 2022: 0 / 1 rounds, 0%Q2 2022: 2 / 3 rounds, 66.67%Q3 2022: 1 / 3 rounds, 33.33%Q4 2022: 0 / 3 rounds, 0%2023Q1 2023: 1 / 3 rounds, 33.33%Q2 2023: 1 / 2 rounds, 50%Q3 2023: 0 / 3 rounds, 0%Q4 2023: 1 / 3 rounds, 33.33%2024Q1 2024: 0 / 1 rounds, 0%Q2 2024: 0 / 6 rounds, 0%Q3 2024: 1 / 4 rounds, 25%Q4 2024: 0 / 1 rounds, 0%2025Q1 2025: 3 / 4 rounds, 75%Q2 2025: 2 / 3 rounds, 66.67%Q3 2025: 1 / 3 rounds, 33.33%Q4 2025: 0 / 1 rounds, 0%2026Q1 2026: 2 / 3 rounds, 66.67%

Q1 2026 · 2 of 3 market rounds · 2 companies · 66.7% share. No spike under the published rule.

Select a dot to inspect the exact count and baseline. The partial quarter through 22 May 2026 is shown but cannot trigger a spike.

The theme shift, year by year.

Share of all recorded Travel and Hospitality Tech rounds in Delhi. Each cell also gives its theme-round count.

Theme shares and round counts by calendar year. 2026 is partial through 22 May 2026.
Investment theme2020202120222023202420252026*
33.3%3 / 983.3%10 / 1230.0%3 / 1027.3%3 / 118.3%1 / 1254.6%6 / 1166.7%2 / 3
77.8%7 / 958.3%7 / 1240.0%4 / 1036.4%4 / 1158.3%7 / 1272.7%8 / 1166.7%2 / 3
66.7%6 / 925.0%3 / 1260.0%6 / 1054.6%6 / 1183.3%10 / 1236.4%4 / 1133.3%1 / 3
55.6%5 / 925.0%3 / 1250.0%5 / 1018.2%2 / 1116.7%2 / 1227.3%3 / 110.0%0 / 3
11.1%1 / 916.7%2 / 120.0%0 / 100.0%0 / 110.0%0 / 120.0%0 / 110.0%0 / 3
33.3%3 / 925.0%3 / 1250.0%5 / 1036.4%4 / 1150.0%6 / 1236.4%4 / 110.0%0 / 3
22.2%2 / 925.0%3 / 1230.0%3 / 1027.3%3 / 1141.7%5 / 129.1%1 / 110.0%0 / 3
0.0%0 / 98.3%1 / 1210.0%1 / 100.0%0 / 110.0%0 / 120.0%0 / 110.0%0 / 3

*2026 is partial. Company themes use the tags available in this dataset, applied to historical rounds; they do not date when a business adopted a technology. Themes overlap, so shares do not add to 100%. Each company round is counted once within a theme. These charts cover investors from all locations; the shortlist keeps its own location filter.

How a spike is detected

A complete quarter is flagged when its theme share is at least 1.75× the share across the preceding four quarters and at least 5 percentage points higher. It must contain at least 3 theme rounds across 3 companies, at least 10 market rounds, and at least 3 theme rounds in the baseline. All four baseline quarters must have market observations. A zero baseline, missing observations or partial quarter cannot produce a flag.

This is a transparent screening rule, not a statistical significance test or a forecast. A higher share can accompany fewer rounds when the wider market contracts; the counts beside the chart make that distinction visible.

04 / THE DEPTH MAP

One appearance, or a pattern?

490 of 511 backers with dated histories appear in just one company. Select a cell to explore the directory.

Backers by type and number of distinct Travel and Hospitality Tech companies backed in Delhi, all dated history.
Portfolio breadth here1 company2 companies3–56–1011+
Firms & institutions
Individual angels

Circle area increases with backer count. The shortlist includes backers with 2 or more companies in this market, plus other backers active in the latest 24 months. In the 1-company cell, only recently active backers are available to explore. The shortlist’s investor-location filter also applies; select all locations to broaden the results. 0 backers have only undated entries.

05 / ROUND DESIGN

Different stages. Different capital.

Recent equity rounds · 24-month window.
Amounts are in USD.

StageDistinct roundsMedian / middle half
Angel
1
$24K$24K–$24K1 disclosed · small sample
Seed
11
$1.1M$594K–$2.5M8 disclosed
Series A
7
$978K$423K–$1.7M7 disclosed
Series B
1
$20M$20M–$20M1 disclosed · small sample
Series C
1
$36M$36M–$36M1 disclosed · small sample
06 / FOLLOW THE EVIDENCE

The most recent recorded rounds.

Distinct company rounds.
Named backers are shown lead-first.

Series C

Online platform for travel visa application and delivery services

$36M total equity round
5 named backers

SIG Venture Capital · Elevation Capital · Long Journey Ventures · MakeMyTrip · Peak XV Partners

Seed

End-to-End fleet management solutions for fleet operators

$4.8M total equity round
2 named backers

Ashish Kacholia · Piper Serica

Seed

B2B platform for travel agents to buy flights hotels packages

Undisclosed total equity round
1 named backer

August One

Seed

Developer of railway track geometry measurement systems and automation solutions

Undisclosed total equity round
1 named backer

Pontaq

Series A

Platform for travelers to share experiences and connect with others

$978K total equity round
5 named backers

35North Ventures · Om Pramila Stocks · FiiRE · Monali Garg · Omnivision Capital Advisors

Series A

Provider of electric scooters and battery swapping network for deliveries

$2.3M total equity round
6 named backers

BIG Capital · BlackSoil · Kalaari Capital · Preetinder Singh Panjrath · Rakuten Capital · +1 more

07 / READING THE ATLAS

What these patterns can tell you.

The market boundary

Recorded equity rounds for companies tagged Travel and Hospitality Tech and located in Delhi. Investor headquarters may be elsewhere. Company sector and location reflect the available company records, not necessarily the location or sector at the investment date.

The time boundary

Data coverage ends 22 May 2026. The latest market round is 16 Mar 2026. There are 0 undated participations, excluded from timing metrics. Activity after the cutoff is unknown.

The relationship boundary

“New” is the first dated relationship between a backer and a company in this market. “Backed again” requires a later dated round together. A first observed entry may follow an earlier unrecorded investment.

The financing boundary

Amounts describe entire equity rounds, not personal cheques, fund capacity or returns. Medians exclude missing and non-positive amounts; the middle half spans the 25th–75th percentiles. A recorded investment does not establish current availability.

RADAR / COMPANY DISCOVERY

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Calculated 14 Sep 2026 · 68 investor histories to explore